Solana, Cardano, MATIC Rally Upto 50% Post XRP Ruling
Until a day back, Bitcoin ETFs were the talk of the crypto town. Now, Europe gearing up to launch its first-ever spot BTC fund managed to re-ignite the spark. However, after the verdict in the SEC v. Ripple lawsuit was passed, the narrative shifted to how altcoins are not securities. Narrative just switched from 'spot BTC ETF' to 'altcoins aren't securities' — tedtalksmacro (@tedtalksmacro) July 13, 2023 Also Read: Europe: First Bitcoin ETF to Go Live After 1 Year Delay Leaving aside institutional sales, XRP was off the security hook. In recent lawsuits against Coinbase and Binance, the SEC deemed a host of other cryptos to be “securities.” The list included several top-ranked assets like MATIC, Solana, and Cardano. However, post the latest ruling, the community has started contending that “SEC cryptos,” with similar fundamentals, can also get away with the security label. In fact, right after XRP, the other three top altcoins on LunarCrus...